#DXY T:F - Daily
The 
DXY (DOLLAR INDEX) on the 28th of May is dangerously close to testing an important Support Level at $103.7.
DXY will also test 200 days EMA at $103.8.
Any upside move will have to face 50 days & 100 days EMA as they are putting some resistance pressure on the price, further UP is the $104.7 level which looks very heavy on the price.
Looks more like a Bearish scenario here for #DXY, if the price breaks DOWN $103.7 then we might see a further fall in the price.
#DXY #priceanalysis #thesoumyoroyanalysis
DXY (DOLLAR INDEX) on the 28th of May is dangerously close to testing an important Support Level at $103.7.DXY will also test 200 days EMA at $103.8. Any upside move will have to face 50 days & 100 days EMA as they are putting some resistance pressure on the price, further UP is the $104.7 level which looks very heavy on the price.
Looks more like a Bearish scenario here for #DXY, if the price breaks DOWN $103.7 then we might see a further fall in the price.
#DXY #priceanalysis #thesoumyoroyanalysis
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